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:_ __ __ __ � , =�� � � AUJUSTABLE RAT� RIDER (1 1'car Trtasury Index-Rntc Cnps) �� a 5 8 9� THIS�1D1U5TADLC RATE RIDER is mxdc this �z day o� ._pG�ober �,�,�Q 8� � r.. erW is incarportted ioto xnd shaU be dsemcvi to amtnd and suprlcrosnt the Mortgage. Decd of Tcu.st, ar Seautiql Ihed qha "Srcurity � , Insttumtn�'•)�f thc same date`iven by the undersijncri(the��BOtMMtr")ta sccurc Bnrrower's Adjtutpbis Ratc Nr�tu(4hr"Notc")to Hpi�� ' FEDFIIAL�AV�NQS� IQAN A3�bCiATfON Of�iiANO iS1.A�V�, N�NItABKA(the "Lender")af th.�s,amr date and coverin� tho property dsscribed in thc Securicy fastrument and tocateci a�: 4224 Michiqan Avenue. Grand Island. Na fi8803 (Aropc�ty Addreas) 7'Mt� aae co�tai� �rovWoy �Uowiq tor ckaKea in �Y I�terest nte asd �y �tl� p�yse�b.TYM�We+�bo Ii�lb IMe a�oM�t sy I�teres�ate can cU��ie at a�y oue Ue�+��d �tMe�iN�w�aM t�e�a�[fsw�t n�te 1 wut pq. ADDITiQNAL COVENANTS. In acfdii3on to the rnvenaats and nFcreements mnde in thi Se�.�wity Insttument. Bonower and Lendar fauthe�covenant and�grte�s foiluws: A. INPERFST RA7'�Ahp�[ONTHI.X PAYM�.(�fT,�HANGES . Tlsr IHotr pra:�id.;,far an init;al iittuat rate of ' !'•. Section 4 af the Mat:praetdes for chan�a i�the lnterest rate uxi the � monthly psyments.as fo(lows: 1. INTEl2ES]'RATE AA;�;1f0,'VTNF t'AA YMENT CFIANCJE'S (A) C4�e D�ks Tho intaax cate 1 wi0 pay may cbange on the first day of November ��g s�) ��d on that day every • ! �weZYQ months thereafter.Each date on which my interest rate cauld change 9s called a"Change[hte." (a) 71e IMex 8esinaioj wltfi the firstCl�anje Date,my interest rate w1116e bascd on an lndca.The�`indox"ls the weekly avenYe yield oa United Stata 7YasurY securltla adjusted ro a coastant matvrity of 1 year.as made availabie by thc Federal Reserve Bos�rd.The most recent index i7�ure available a�of the date�S da}�c beForc each Change Date is calted the"Current lnQex." ! lf Ufe ItMa is no los�v xvailabte. ttk Note Holder wiU choosc a new indea which is basod upon comparable informatton.The Note Holder wlq sive me notia of this rl�pia. :...� (G� (:yieal�tloi o/C�es <j_ : 8efore each CharsQe Date.the Note Holder will calculate my new inttrest rate by addi�g thTee dc one�hal f peretpta�e � w�uu f 3.� �/to��mrrni index ana rounding to the neuest 1/8th af 1 h•.xubjat to the ilmlts staied in Sectlon�(D)below. � i1►is rounded unount will be my new interat rate until the neat Chanae Date. The Note Holder wiU thr�determine the amount of the mo�thty payment that wou2d be sufficient to repay in full the principal !am expected to oWe on that Change 41au in substantially equal payments by the maturity dace at my new interest rate.The result of thls calculation , wiU be the new amount of my monthly paym�st. N) Li�ib o�I�terest Rale C��a � TAe inttrest rate 1 arti reQuired to gay at the first Change Date will no� tre greater than 13.75 % or less thaa � hi.Theteaftes,my interest rate will never be increased or decrcased on an��single Change Date by mare than two rrant � • from the ratc of interest 1 hAve been paying for the preceding�welve montlis.The minimum interest race on thls loan will never be kss than 9�2� ni�nd the maximum interest rate will nevtr be greater than Z$.25 �o. � (E) Eitective Dsle ot C6a�es � �e My new interest rate wiu baome effective on each Change datr.I will pay the amo;:at af my new monthly payment beginning on the first monthly payment clate after the�angr Date until the amount of my monthly payment ctsaeges again. (�7 Nodce oi CAa�a � The Note Holder will mu!ur delivcr to me a notice befare each Changc fJate.The noticc will adtiix oie of: ' i` (i) the new inter�t rate on my Ic+an as of the Change Date; ' =- (ii) the arttount oE rny monthly payment foUowing the Change Date; ` (iii) any additiao�8 rnatters which the Note Holder is required to disclose;and , (iv) tlu eddress of the association you could contact regardiag:�ny quations about the adjustr.sent notia. 1!. CHARGFS;LI�NS tl�iform Covenant 4 of the Securi.ry Ins[rwnent is amrnAcd to vead as follows: 1. Cisr�a;Ue�.Borrower sFa.'�pay all taxes.asscssments.and other charges,fina.and impositions a(tributable to the Prapeny which may attain a priority over this Securiry Instrument.and teasehold paymcnts of grouad rents,if any,in thc manner provided under paragraph 2 hereof or.ii not paid in such manner,by Bonawer making payment,when due.directiy to the payee thereof. Borrower shal!promptly furnish Lsnder all notices of amounts due uadr_e this paragraph,and in the event Borrower shaU make�sayme�t directly, 8orrower shall promptly furnish to Lender receipts evidencinE such paymmu. Borrower shall promptly discharge any tien which has priority over this Security lnstrument; ho�rever,Borrower shall not be required to discharge any such lien so laag az 8orrower: (a)shall agree in writing to the payment of the abliption secured by such lien in the manner acceptable to Lender;(b)sha1T ia good falth contest such lien by,or defend against enforcemem of ,-----_:--_ suth lien in.teEal proceedings which in the opinion of Lcnder operate to prevent the enfarcement of the lien or forfeiture of thc Property or c�ny . part thercof;or(c)shall secure from the hotder of such lien an agreement in a form<.:uisfactory to L.ender subordinating such lien to this � 5ecurity Instrument. , It Lendet determines that all or any pan of the Propeny is subject t�a lien which may attain a priority over this Securi�y Insuument, ' Lender shall give Borrower e notice identifying such lien.Borrower shall satisfy such lien or take one or more��f the actions set fonh abmve within ten d�ys of the givi�g of the noiicc. � �. N�«� Uniform Cavenant 14 of the Secunty tnstrument ia amended to re<id as followc: �. 11. Natkt.Er�ept fur any nouce rcqwrcd under applir�ble law to bt given m anothcr manner.(a)�ny nourc lo Horro+.�cr rr„��cJ far in ih�, � Sccuriry InEtrumcn►anall t�Fncn by deli�rNng rt or hv mailmg rt by hrd El.��s mail tu Fiorrowcr at thc Nrn{rcr t�AJilrc+��r,it.u:h�+thcr�!ddic.� rr ati fiorrnwer may dr,igi�atc by notice to I eiider as�+ru.ided hcrc�n,.i��J rh►anr noh.c t� !endcr�nall hc g.�rn h� �u�� .l.i.�mad �� (rniler � F. � adSresti tieatcd Frrre�n ur�u w�h„thrr udclres�ar I Cndci may e1c,i�;n:itr h� n��tirc Iu Hurri�Her a��rne�dc:l he�c�n 1m n�.ti.r��.,�nlrJ i��r �n i t��. Se�i�ntti In;trurnrnl�.hal�hc itreured tn h,l�e hCen��eu r�•Hurr��urr��r I rt�cl.r,.nev1:'�en.0 rhe m.�nnt�r,Ic•�.��ti•J hri��n ��